Cyberattack

Mastercard Names Former Head of UK's Government Communications Headquarters (GCHQ) as Senior Advisor

Retrieved on: 
Thursday, October 5, 2023

He will contribute to the company’s strategy in cyber, intelligence and security, while also adding to public policy initiatives.

Key Points: 
  • He will contribute to the company’s strategy in cyber, intelligence and security, while also adding to public policy initiatives.
  • With more innovation and a more digital world, there’s a need for the highest standards of security.
  • The private and public sectors need to continue to invest in technology and solutions to protect against risk and deliver trust.
  • Jeremy will be a valuable partner as we continue to secure the financial system,” said Tim Murphy, chief administrative officer, Mastercard.

BT and Google Cloud Advance Cybersecurity With New Partnership

Retrieved on: 
Wednesday, October 11, 2023

BT announces new strategic security partnership with Google Cloud, targeting a range of joint innovation opportunities.

Key Points: 
  • BT announces new strategic security partnership with Google Cloud, targeting a range of joint innovation opportunities.
  • LONDON and SUNNYVALE, Calif., Oct. 11, 2023 /PRNewswire/ -- BT and Google Cloud today announced a new partnership focusing on an enhanced commitment to cybersecurity innovation.
  • The partnership builds on BT Group and Google's existing relationship to house BT Group's data in Google Cloud to support its analytics and AI ambitions.
  • BT and Google Cloud will also seek to incorporate solutions from Mandiant, a market leader in threat intelligence solutions acquired by Google in 2022, as an additional aspect of the partnership.

Risk Advisory Service Market to Reach $448.9 Billion, Globally, by 2032 at 14.8% CAGR: Allied Market Research

Retrieved on: 
Tuesday, October 10, 2023

PORTLAND, Ore. , Oct. 10, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Risk Advisory Service Market by Type (Operational Risk, Financial Risk, Compliance and Regulatory Risk, and Others), Organization Size (Large Enterprises and Small and Medium-sized Enterprises), and Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail, and E-commerce, Government and Public Sector, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032." According to the report, the global risk advisory service industry generated $115.8 billion in 2022 and is anticipated to generate $448.9 billion by 2032, witnessing a CAGR of 14.8% from 2023 to 2032.

Key Points: 
  • This led to a surge in demand for risk advisory services, as companies sought expert guidance to navigate these uncertain times.
  • However, as the pandemic continued, some businesses faced financial constraints and reduced their spending on consulting services, including risk advisory.
  • Based on type, the operational risk segment held the highest market share in 2022, accounting for more than two-fifths of the global risk advisory service market revenue and is estimated to maintain its leadership status throughout the forecast period.
  • Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global risk advisory service market revenue.

Risk Advisory Service Market to Reach $448.9 Billion, Globally, by 2032 at 14.8% CAGR: Allied Market Research

Retrieved on: 
Tuesday, October 10, 2023

PORTLAND, Ore., Oct. 10, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Risk Advisory Service Market by Type (Operational Risk, Financial Risk, Compliance and Regulatory Risk, and Others), Organization Size (Large Enterprises and Small and Medium-sized Enterprises), and Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail, and E-commerce, Government and Public Sector, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032." According to the report, the global risk advisory service industry generated $115.8 billion in 2022 and is anticipated to generate $448.9 billion by 2032, witnessing a CAGR of 14.8% from 2023 to 2032.

Key Points: 
  • This led to a surge in demand for risk advisory services, as companies sought expert guidance to navigate these uncertain times.
  • However, as the pandemic continued, some businesses faced financial constraints and reduced their spending on consulting services, including risk advisory.
  • Based on type, the operational risk segment held the highest market share in 2022, accounting for more than two-fifths of the global risk advisory service market revenue and is estimated to maintain its leadership status throughout the forecast period.
  • Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global risk advisory service market revenue.

India - Electrical equipment market size to grow by USD 52.98 billion from 2022 to 2027 | Increase in investments in the power sector to boost market growth- Technavio

Retrieved on: 
Tuesday, October 10, 2023

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- The India - electrical equipment market size is expected to grow by USD 52.98 billion from 2022 and 2027.

Key Points: 
  • NEW YORK, Oct. 10, 2023 /PRNewswire/ -- The India - electrical equipment market size is expected to grow by USD 52.98 billion from 2022 and 2027.
  • Increase in investments in the power sector is the key factor driving the growth of the market.
  • Additionally, demand for electrical products in the region is expected to increase due to growth in the energy sector.
  • Thus, increasing usage opportunities of electrical equipment in India will drive market growth during the forecast period.

SecurityGen ramps up operations in Middle East amidst 5G growth and Digital Transformation trend across the region

Retrieved on: 
Tuesday, October 10, 2023

DUBAI, UAE, and LONDON, Oct. 10, 2023 /PRNewswire/ -- SecurityGen, the award-winning provider of cybersecurity solutions and services for the telecom industry, announced its commitment  to supporting the expansion of 5G across the Middle East region as part of its ongoing growth strategy.

Key Points: 
  • Telecoms cybersecurity leader boosts presence in the Middle East, aligning with the region's accelerated 5G and digital growth.
  • The Middle East represents a pivotal region for SecurityGen.
  • With accelerated growth of 5G plus the adoption of IoT-based initiatives, SecurityGen sees huge potential for the Middle East region.
  • Amit Nath , co-founder and CEO of SecurityGen, commented, "The Middle East represents significant growth potential for 5G over the next few years.

SecurityGen ramps up operations in Middle East amidst 5G growth and Digital Transformation trend across the region

Retrieved on: 
Tuesday, October 10, 2023

DUBAI, UAE, and LONDON, Oct. 10, 2023 /PRNewswire/ -- SecurityGen, the award-winning provider of cybersecurity solutions and services for the telecom industry, announced its commitment  to supporting the expansion of 5G across the Middle East region as part of its ongoing growth strategy.

Key Points: 
  • Telecoms cybersecurity leader boosts presence in the Middle East, aligning with the region's accelerated 5G and digital growth.
  • The Middle East represents a pivotal region for SecurityGen.
  • With accelerated growth of 5G plus the adoption of IoT-based initiatives, SecurityGen sees huge potential for the Middle East region.
  • Amit Nath , co-founder and CEO of SecurityGen, commented, "The Middle East represents significant growth potential for 5G over the next few years.

Security Compliance Associates Partners with Phished.io

Retrieved on: 
Monday, October 9, 2023

CLEARWATER, Fla., Oct. 9, 2023 /PRNewswire-PRWeb/ -- Security Compliance Associates, information security experts, is the new ambitious partner of Phished, pioneer in AI-driven Security Awareness Training. Together they offer companies the latest standard in Security Awareness Training: a holistic approach that works 100% automated and personalized.

Key Points: 
  • CLEARWATER, Fla., Oct. 9, 2023 /PRNewswire-PRWeb/ -- Security Compliance Associates, information security experts, is the new ambitious partner of Phished, pioneer in AI-driven Security Awareness Training.
  • "With this partnership, Security Compliance Associates is taking the next step in expanding its portfolio of products and services," says Jim Brahm, Managing Director & CEO.
  • Security Compliance Associates is now putting even more effort into cybersecurity awareness by offering its customers training and coaching for their employees.
  • Thus, Phished and Security Compliance Associates help their customers protect their money, reputation, employees and assets.

MarketAxess Announces Monthly Volume Statistics for September and Third Quarter 2023

Retrieved on: 
Wednesday, October 4, 2023

Reported MarketAxess volume in all product categories includes only fully electronic trading volume.

Key Points: 
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • MarketAxess trading volumes, TRACE reported volumes and MarketAxess Post-Trade processed volumes are available on the Company’s website at investor.marketaxess.com/volume .
  • These and other statements that relate to future results and events are based on MarketAxess’ current expectations.
  • More information about these and other factors affecting MarketAxess’ business and prospects is contained in MarketAxess’ periodic filings with the Securities and Exchange Commission and can be accessed at www.marketaxess.com .

RS is a Trusted Partner for Securing Medical Manufacturing Networks

Retrieved on: 
Monday, October 2, 2023

FORT WORTH, Texas, Oct. 2, 2023 /PRNewswire/ -- RS, a trading brand of RS Group plc (LSE: RS1), a global provider of industrial product and service solutions, offers a comprehensive suite of advanced solutions designed to address the key challenges faced by customers in the medical and pharmaceutical manufacturing industries, including cybersecurity threats.

Key Points: 
  • The medical manufacturing industry is also highly susceptible to inflated costs resulting from lost or stolen data.
  • And while those losses were undeniably astronomical, stolen medical manufacturing data can be even more costly than lost data.
  • RS offers a comprehensive suite of advanced solutions designed to address the key challenges faced by customers in the medical and pharmaceutical manufacturing industries, including cybersecurity threats.
  • For more information about the RS portfolio of medical manufacturing solutions , as well as expert insights into and advice about medical and pharmaceutical industry applications, please  check out the new "Cybersecurity and the Medical Manufacturing Industry" RS Expert Advice article and visit the links embedded here.